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These days, finding an affordable place to live in the Bagley area can be challenging. Home prices in Bagley are now at a median cost of $180,823, lower than the Minnesota average of $345,793.
The average cost of rent is $733/mo in Bagley, primarily driven by the current value of real estate in the Bagley area. In Bagley, 27.82% of households rent, and 41.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bagley is $5,456 per month. Households that rent pay about 13.43% of their income on rent here. Bagley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ebro, MN: equally priced homes
- Shevlin, MN: higher priced homes
- Leonard, MN: higher priced homes
- Rice Lake, MN: less expensive homes
- Clearbrook, MN: equally priced homes
- Lengby, MN: higher priced homes
- Pine Bend, MN: equally priced homes
- Zerkel, MN: higher priced homes
- Pinewood, MN: higher priced homes
- Roy Lake, MN: less expensive homes
Cities with Similar Populations
- Pine, AZ: higher priced homes
- Minot, ME: higher priced homes
- Ogilvie, MN: higher priced homes
- La Valle, WI: higher priced homes
- Elmore, OH: higher priced homes
- Beasley, TX: higher priced homes
- Malta, OH: less expensive homes
- Parish, NY: less expensive homes
- Lanark, IL: equally priced homes
- Pecos, NM: higher priced homes
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